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20121202
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economy and those seeking work. i came out the day after the election to put revenues on the table, to take a step toward the president to try to resolve this. when is he going to take a step towards us? >> can you see some way that you could agree to tax rate increase and protect small businesses at the same time, maybe going with the 37%, or some middle ground? >> there are a lot of things that are possible to put the revenue that the president seeks on the table, but none of it is going to be possible. if the president insists on his position, insists on my way or the highway. that is not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> reporter: for more on the fiscal cliff let's bring in bob sue sack, managing editor of the hill. thanks for joining us. >> thanks for having me on. >> reporter: he says this is a slow walk for our economy to the edge of the fiscal cliff, and if the president doesn't like the republican's plan he has an obligation to send them one that can pass both houses of congress a
for payback for their votes. >> after the election of jimmy carter, he went to washington, d.c., he came back with some bacon. that's what you do. our people in an overwhelming way supported the reelection of this president and there ought to be a quid pro quo and you ought to exercise leadership -- of course not just that, but why not. martha: you have got to bring home the bacon according to that councilwoman. many cities and state are in the same situation. will they make the same request of the president and washington? stuart, what do you think about that piece of tape there? >> finally it has been said in public. the detroit city councilmember saying publicly we deserve a bailout. detroi indeed vote overwhelmingly for president obama. 73% of the vote went for president obama. detroit will probably run out of money within days. the word bankruptcy is being applied to the city of detroit. she says there ought to be a quid pro quo, why not. she is publicly calling for what amounts to a federal bailout. it would be called help for the city, help for the states. but you asked it. who is next
in tax hikes and then once re-elected he doubled it. even if he gets that higher amount, we did some calculations, that is only going to pay for about 16 days of government spending. aren't taxes insignificant compared to entitlement reform which you and i were talking about, president obama promised he would tackle it in his first term? >> entitlement vessel basically everything which is another reason going off the cliff in the long term is not going to be that beneficial. there is nothing in the peelts for going off the cliff that address our long term entitlement problems. you still have that problem. >> gregg: i apologize you. we have breaking news we have to get to. jamie weinstein, thanks. >> heather: news conference going on in irving, texas where the police department is talking about a car accident that has left one dallas cowboys teammate dead and another behind bars. let's listen. >> okay. the irving police department is investigating a single fatality accident involving two dallas cowboy football players. at approximately 2:21 this morning, joshua brent was traveling wes
change its motto to made in america. bill: so there is this on the election we just watched. a new report shows how much money was spent. last minute donations pushing it over the $2 billion mark. so 2012 the first election where super pacs flourished drawing unlimited funds from wealthy donors. tens of millions of dollars were raised in the final weeks alone. we don't know how much was raised for nonprofit groups that an issue ads but did not have to reveal donors. martha: a lot of money. a lot of money. >>> there are new developments in a terror case we've been following in florida. two pakistani-born brothers due in federal court at the top of this hour. they're charged with aiding terrorists and plotting to obtain a weapon of mass destruction. the fbi says this was not a sting operation. if convicted both of these men could face life in prison. phil keating live outside in the courthouse where this is playing out today in fourth lauderdale, florida. phil, these men are being held without bond, right? >> reporter: that's correct, martha. they are since last week once the federal grand
Search Results 0 to 3 of about 4